Anywhere Real Estate (NYSE:HOUS) Shares Down 2.9% – What’s Next?

Anywhere Real Estate Inc. (NYSE:HOUS)’s stock price fell 2.9% during trading on Wednesday . The company traded as low as $4.97 and last traded at $4.98. 181,841 shares were traded during trading, a decline of 87% from the average session volume of 1,357,357 shares. The stock had previously closed at $5.13.

Anywhere Real Estate Stock Performance

The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 1.34. The stock has a fifty day moving average of $4.55 and a 200-day moving average of $4.40.

Anywhere Real Estate (NYSE:HOUS) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the company posted $0.15 earnings per share. Anywhere Real Estate’s quarterly revenue was down 3.1% compared to the same quarter last year. As a group, research analysts expect that Anywhere Real Estate Inc. will post -0.52 EPS for the current fiscal year.

Institutional Trading of Anywhere Real Estate

Several large investors have recently added to or reduced their stakes in HOUS. Nemes Rush Group LLC grew its holdings in shares of Anywhere Real Estate by 16.7% during the second quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock valued at $58,000 after buying an additional 2,500 shares in the last quarter. Virtu Financial LLC boosted its position in Anywhere Real Estate by 24.6% during the 3rd quarter. Virtu Financial LLC now owns 15,305 shares of the company’s stock worth $78,000 after acquiring an additional 3,022 shares during the period. SummerHaven Investment Management LLC boosted its position in Anywhere Real Estate by 3.5% during the 2nd quarter. SummerHaven Investment Management LLC now owns 106,951 shares of the company’s stock worth $354,000 after acquiring an additional 3,602 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Anywhere Real Estate by 6.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 79,989 shares of the company’s stock worth $495,000 after acquiring an additional 4,527 shares during the period. Finally, Quarry LP acquired a new stake in Anywhere Real Estate during the 3rd quarter worth about $26,000. 97.56% of the stock is owned by institutional investors and hedge funds.

Anywhere Real Estate Company Profile

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.